/biz/ - Business & Finance

zec

>>18679957
>zec

>>18679722
Fagnero is old tech.

>>18679957

>>18679722
you hate money?

>>18679957
>>18680011

zcash has no right to exist

Xmr is my favorite but if theres one reason you could say it could get banned. Also the on and off ramps suck

>>18679722
A lot of bitcoiners won't talk to you anymore.

>>18679722
>>18679957
>>18679984
>>18680913
Zcoin
https://zcoin.io/

>>18680304

lurking autists give me hope

>>18680928
BTC is a failed meme
the only use case is hodl - like literally

>>18680913
you should watch what is happening right now on localmonero.co....

>>18680960
Dont forget there are multiple margin exchanges that take millions a year off gambling degnerates
I would guess unironically that is BTCs main use case at this point

>>18680653
I see what you are doing there, j.

>>18680653
I see what you are doing there, j.

>>18680960
What is the bitcoin argument against a moving average blocksize? Why exactly did bitcoin shit itself over this? Core must have some very college-educated explanation for why this won't work... right?

>>18679722
bitcorn is the only thing worth holding

>>18681308
If that’s the case, then why are dark net markets switching to Monero?

>>18681266
Moving avarage block size is tied to tail emission: miners who increase the block size are punished by smaller block reward. This is compensated by higher fees from transactions. Since bitcoin does not have a tail emission, this mechanism will not work with there.

>>18681308
Honest question to those that love BTC
What do you think the value of BTC would do if another crypto had a higher market cap?
In other words how many of the value propositions of BTC are fully dependent on its price action?

>>18679722
buy HEX anons is more secure!!!

>>18679722
Monero is good for anonymously transacting, but it's a terrible store of value. You buy XMR to use it, not hold it.

>>18681360
>why are dark net markets switching to Monero?
You buy XMR to use it, not hold it.

>>18679957
>>18679722
0x district0x

>>18681360
I don’t know, is the dark net big into holding?

>>18683444 >>18681360
see >>18683383

>>18683401
So your argument is that monero has a proven use case, and therefore that demand that will grow and follow because of this use case won’t translate to an increase in value over time?
Moneros clout will explode once it takes over the dark net. It’s how Bitcoin became mainstream.

>>18683610
>So your argument is that monero has a proven use case, and therefore that demand that will grow and follow because of this use case won’t translate to an increase in value over time?
Monero was born and will always exist within Bitcoin's world.

>>18683383
>it's a terrible store of value
So is buttcoin; I'm talking about speculation. We're at (or close to) the bottom of a cycle and monero block rewards will be less than bitcoin. This coupled with actual usage and adoption makes is a strong contender
>>18683401
You have yet to justify holding BTC over XMR
>>18683444
The darknet is how bitcoin got started...
>>18683610
This

>>18683658
>You have yet to justify holding BTC over XMR
Preexisting network effect + fixed supply cap.

>>18683674
>Preexisting network effect
Said netscape/AOL/myspace
>fixed supply cap
see >>18680304

>>18683809
>Said netscape/AOL/myspace
Users of netscape, AOL, and myspace didn't have a financial stake in them.

>>18681020
Damn it's looking a lot better now

>>18679722
I won't
cause you should

>>18683653
Well your argument is flawed because you are agreeing that demand for Monero is going to rise, yet you don't think it's worth holding. So that doesn't make any sense. If something has demand because it is being used, then it will rise in price. That's just basic economics.
>>18683674
I agree that Bitcoin's network effect is extremely strong, but Monero's network effect has much more room to grow. It really only takes a few op eds about "the new powerful cryptocurrency that CAN'T BE TRACED" to turn heads from the normies.
The fixed supply cap meme is fucking retarded by the way. There will be less Monero than Bitcoin until the year 2040.

>>18679722
It doesn't pump

>>18683926
>posts textbook triple bottom
>thinks its bearish
You guys aren’t kidding with the buy high sell low meme, are you?

>>18679722

The mere presence of a woman next to something I love fills me with dread. It's like I've just arrived on the scene of a horrible tragedy. I don't even assume they're about to ruin the thing I love, I assume they're in the middle of ruining it or have just finished ruining it. Women are so efficient at ruining things, you can never get there early enough to eject them and prevent it. It's always too late.

>>18679957
Based

>>18683843
>cope
cope
>>18683926
Buy low sell high

>>18680942
There are less XMR in existence than bitcoin. The inflation is fixed and because of that the total supply changes at a rate that asymptotically approaches zero. The inflation is miniscule and not even considering the potential for lost coins etc. won't cause hyperinflation or anything. Some autist or zcash shill just likes to fud XMR because they don't like the idea for some reason.

>>18683978
>actually believes in predictive power of tea leaves analysis
nice selfie

>>18680942
Imagine how lost coins could affect it.
Assume the coin loss rate (private key lost, etc.) is proportional to the total supply. In other words, the more XMR that exists, the more XMR will become lost.
The coin creation rate however is constant.
This means that the production of new coins will gradually increase the total supply, and in doing so it will increase the rate at which coins are lost, until they balance each other out. The total supply can increase but the coins in active circulation will tend to a constant (assuming other things are equal).

>>18684131
Sorry Shlomo, inflation is always cringe.

>>18681360
Because the police finally realized it's a public ledger and easy to trace only took them like 10 years lmao

>>18684321
>>18684354
t. glowniggers

>>18684439
Not a glownigger

Bitcoin was perfectly designed by 170+ IQ zionist thinktank, it is PERFECTLY designed in all aspects and was probably created over decades it is John Nash's(180 IQ) "ideal money" there is no anonymity with bitcoin and that is by design as it is the NWO world currency

Why was bitcoin used for drug dealing and other illegal activities early on, so the police can develop the necessary infrastructure to trace and monitor all transactions BEFORE the hyperbitcoinization event , so when it becomes world reserve currency it will already be under total control this is by design

>>18684506
watching btc teared into pieces will be glorious

>>18684321
Gold is continually mined out of the ground. Look at how much bitcoin swings in value despite having a supply cap. Not really that relevant. Maybe you are a glow trying to fud Monero which you cannot break the security of.

>>18680019
why you fudding brah

>>18685198
>Gold is continually mined out of the ground.
This is kind of my point here, anon. The supply cap is what makes Bitcoin a truly unique asset. If I wanted an anonymous store of value with perpetual inflation why wouldn't I just buy gold?

>>18685234
So you won't touch bitcoin until all 21 million are mined then, right?

>>18685234
Also, plenty of tokens have supply caps. Chainlink has a supply cap, lol. Monero is useful because it is private and fungible, and if you zoom out the inflation makes less and less of an impact on the total supply as time goes on.

>>18685262
that guy is a retard. He reps the Bitcoin maxis well and ignores any of the logic behind the tail emission and just fuds it as "lol infinite supply".
But pro tip: if you want to trigger them, ask them if Monero is more fungible then Bitcoin.

>>18685234
>If I wanted an anonymous store of value with perpetual inflation why wouldn't I just buy gold?
you suck at trolling

>>18685228
bc zec is a steaming pile of shit compared to monero. CEO of zcash still said that even if he later back pedaled.